February 1, 2013

Cheapest ObamaCare plan: $20,000 a year [Darleen Click]

So says the IRS

In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS’s assumption that the cheapest plan for family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.

Of course, it’s not like ObamaCare was designed to actually work. It’s just a nudge towards single-payer, nationalized medicine.

Forward!

Posted by Darleen @ 8:35am
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Comments (9)

  1. Yeah but by 2016 $20k really won’t be all that much money.

  2. FWIW, $25K is considered a Cadillac Plan and subject to excise taxes.

  3. Nancy Pelosi drinks your milkshake. And yours. And yours. And yours. And yours. And yours. And yours. And yours. And yours. And so on.

    Winning!
    Forward!

  4. Is Nancy Pelosi lactose intolerant, or am I smelling something else coming from her?

  5. If you like your health plan you cane keep it!…..as long as it’s still offered, and you’re still employed, and if you can still afford it, and you’re not a smoker, and….

  6. Did ya see the Hagel debacle yesterday?

    I’ve known dogs and cats with higher IQs…

  7. I guess I’ll be paying the fine as well as paying for my insurance, because mine doesn’t cost close to that much.

  8. But…but….what about the 3,000% savings touted in March 2010?:
    http://www.youtube.com/watch?feature=player_embedded&v=5mqFbPqVwQc

    I guess the original costs must have been $620,000/family of 5.

  9. I am sure the IRS will give us the ….option of taking the fine out of our Income tax return, for a small fee.

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